Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-315"
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"en.20080924.33.3-315"2
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"Does the Commission accept that under the Treaty – as opposed to the Stability Pact – the 3% is not a limit, it is a reference value? The Commission’s report on any Member State that exceeds that reference value has to take account – and I quote Article 104(3) of the Treaty – ‘of all other relevant factors including the medium-term economic and budgetary position of the Member States’.
Does he not think that in the last few days and weeks the economic positions of Member States have necessarily changed, and perhaps warrant an extra degree of flexibility?"@en1
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